American Axle (AXL) Tops Q1 EPS by 28c

American Axle (NYSE: AXL) reported Q1 EPS of $0.20, $0.28 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $1.34 billion versus the consensus estimate of $1.31 billion.

AAM's 2020 Financial Outlook:

As a result of the unexpected disruption in light vehicle production and economic uncertainty due to the impact of the COVID-19 pandemic, AAM withdrew its 2020 financial outlook on March 25, 2020. Due to the continued uncertainty, we are not issuing revised 2020 financial targets at this time.

For earnings history and earnings-related data on American Axle (AXL) click here.

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